Fibonacci Extensions

Fibonacci Extensions are used to project likely targets for the next leg of
an up- or down-trend. Percentage extension levels, based on significant
Fibonacci numbers, are plotted as
horizontal lines above/below the previous trend move.

Amend Fibonacci colors by right-clicking on any Fibonacci Line and selecting
Adjust Line Color.
To change the default color for all Fibonacci lines, select Format Charts >>
Colors >> Fibonacci Retracements (or Extensions) from the chart menu.